News & Analysis as of

Hydrogen Power Energy Sector

Allen Matkins

Renewable Energy Update 9.19.24

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A bill that would enable schools, shopping centers, and landlords of multi-unit residential buildings to use the electricity they collect with their own rooftop solar systems has passed the California Legislature....more

ASKramer Law

Energy Tax Credits for a New World Part II: Production Tax Credits and Investment Tax Credits: The Old and the New

ASKramer Law on

What is a Production Tax Credit (PTC)? A Production Tax Credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying clean technologies for the first 10 years of a system’s...more

Sheppard Mullin Richter & Hampton LLP

HyBuildTM North America Contracts Workstream Consumption Profiles Working Group Report

HyBuildTM North America Initiative - The Green Hydrogen Coalition’s HyBuildTM North America Initiative seeks to bring together key ecosystem stakeholders to plan and develop the competitive, high-volume supply chain...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability M&A Activity – August 2024

June 26, 2024: Infintium Fuel Cells, a manufacturer of a variety of hydrogen power cells with a maximum power of 35kWh, which act as an alternative to electric batteries, enabling businesses in the material handling industry...more

Bennett Jones LLP

Clean Tech ITC Decoded: Benefits and Strategies for Canadian Businesses

Bennett Jones LLP on

In the inaugural episode of Clean Incentives, hosts Brendan Sigalet and Derrick Osborne, alongside special guests Ashley White and Jason Roth, delve into the myriad of tax incentives available for businesses in Canada, with a...more

Vinson & Elkins LLP

Charting the Course for Low-Carbon Hydrogen Trade

Vinson & Elkins LLP on

By 2050, the cost of producing low-carbon hydrogen is expected to be five times higher in the most expensive regions than the least expensive regions, according to the Hydrogen Council. This significant cost gap will require...more

Goldberg Segalla

You Say You Want a (Heavily Subsidized) Revolution: New Clean-Fuel Tech could Provide Endless Green Mileage

Goldberg Segalla on

Tech-savvy energy producers are currently looking for economically viable methods to create “green hydrogen” from water using renewable electricity. This technology, which can produce clean fuel for planes, ships, and trucks,...more

White & Case LLP

On the path to decarbonisation: Japan enacts its first legislation on hydrogen and CCS

White & Case LLP on

On 17 May 2024, the Japanese parliament approved two energy-related bills into law: - the Hydrogen Society Promotion Act1; and t - he CCS Business Act.2 These are Japan's first laws relating to the business of hydrogen...more

A&O Shearman

How Africa can lead the global race for green hydrogen production

A&O Shearman on

Green hydrogen is often hailed as a critical part of the low-carbon energy future – and Africa as the continent where that future will be realised. But while the opportunity for Africa is clear, the task of maximising its...more

A&O Shearman

UK General Election 2024 - How do Labour and Conservative plans compare for net zero and the energy sector?

A&O Shearman on

The 2024 General Election is imminent and all four of the biggest political parties have now released their election manifestos. With the push to net zero remaining critical in accordance with the UK’s domestic and...more

White & Case LLP

NAESB Announces Development of Standard Model Hydrogen Contracts

White & Case LLP on

In a pivotal move expected to significantly impact the US energy sector, the North American Energy Standards Board (NAESB) announced on May 29, 2024 that it plans to develop standardized contracts for the burgeoning hydrogen...more

K&L Gates LLP

Proposed New Australian Hydrogen Production Incentives and Support

K&L Gates LLP on

The Australian Government has recently announced proposed measures to support the production of hydrogen in Australia utilising renewable energy. These include a new hydrogen production tax incentive and are estimated to...more

White & Case LLP

The European Hydrogen and Decarbonized Gas Market Package

White & Case LLP on

On 21 May 2024, the Council of the EU adopted the Hydrogen and Decarbonized Gas Market Package. It aims to shift the gas system to low-carbon and renewable gases, and provides for the highly anticipated framework on dedicated...more

Holland & Knight LLP

Colombia publica proyecto de decreto de autogeneración y producción marginal de energía eléctrica

Holland & Knight LLP on

El Ministerio de Minas y Energía de Colombia publicó para comentarios el proyecto de decreto que modificaría el Decreto 1076 de 2015 sobre autogeneración remota el cual contiene un importante incentivo para la producción de...more

Paul Hastings LLP

Energy Act 2023 – Six Months On

Paul Hastings LLP on

What is the Energy Act and why does it matter? In October 2023 the Energy Act 2023 (the “Act”), dubbed the “biggest piece of energy legislation in the UK’s history” received Royal Assent. The Act contains wide ranging...more

Pillsbury Winthrop Shaw Pittman LLP

Treasury Department Announces Process and Timetable to Allocate $6 Billion in Qualifying Advanced Energy Project Credits

The application cycle for Treasury to award this round of credits will soon open, providing applicants an opportunity to receive significant funding for clean energy, industrial decarbonization and critical materials...more

Bennett Jones LLP

Canadian Hydrogen Convention 2024—Key Themes and Takeaways

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Approximately 8,000 delegates (including energy executives, government officials and Indigenous leaders from Canada and around the world) attended the third annual Canadian Hydrogen Convention (CHC) which ran April 23 to 25...more

Cadwalader, Wickersham & Taft LLP

Tax Insurance May Boost the Market for Energy Tax Credits

The Inflation Reduction Act of 2022 (the “IRA”) now allows firms to develop and sell clean energy tax credits.  In our last update, available here, we discussed the latest developments on the “direct pay” rules, the clean...more

Clark Hill PLC

[Webinar] Preparing for Clean Energy Tax Credit Transfer Transactions - May 1st, 12:00 pm - 1:00 pm EDT

Clark Hill PLC on

Project developers in the EV, solar, wind, battery, CCUS, hydrogen, biofuels, and energy efficiency markets have been blessed by the IRS with the ability to transfer tax credits directly to willing buyers. Tax equity...more

A&O Shearman

Morocco Green Hydrogen Offer - key takeaways

A&O Shearman on

The Morocco Hydrogen Offer (the Offer) finally landed on 11 March 2024. It was much expected by the developers and the investors. The Offer is intended to cover the entire value chain of the green hydrogen sector. It was...more

A&O Shearman

Hydrogen update Germany - new regulatory and market developments

A&O Shearman on

Exciting times for hydrogen market participants in Germany – in the last months, a variety of new regulatory instruments and policy initiatives have been announced which will boost the ramp-up of the hydrogen economy in...more

Pillsbury - Gravel2Gavel Construction & Real...

Natural Hydrogen May Seem New in Town, but It’s Been Here All Along

When it comes to renewable energy, hydrogen is hailed as a pivotal resource in the zero-carbon game plan. Hydrogen energy is accessible, produces lower greenhouse gas emissions and can use existing gas infrastructure to power...more

BCLP

The UK Hydrogen Policy - Infrastructure and Industry Concerns

BCLP on

Whilst the UK’s hydrogen policy was established by the Ten Point Plan in November 2020, the 2021 Hydrogen Strategy was intended to stimulate the next steps for hydrogen energy development and delivery. The strategic goals...more

Spilman Thomas & Battle, PLLC

Currents Energy Industry Insights: V 8, Issue 3, March 2024

Record U.S. Oil Production and the Potential Impacts - Domestic oil production in the U.S. reached a new record in November 2023, hitting 13.31 million barrels per day, according to data from the U.S. Energy Information...more

Husch Blackwell LLP

Green Hydrogen Tax Credit: 45V Answers Expected Soon

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The future of the green hydrogen industry in the United States will become a bit clearer in the coming weeks. Comments on the proposed hydrogen tax credits in 26 USC 45V were due by February 26, 2024, and will be discussed at...more

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